# PPP loan: ARBOR CHEMICALS, LLC
> **$177K** approved 04/14/2020 · Paid in Full · Loan `7896957110`
## Borrower
- **Name:** ARBOR CHEMICALS, LLC
- **Address:** 33300 EGYPT LN, MAGNOLIA, TX, 77354-3324
- **NAICS:** 424690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $13K
- **Utilities:** $3K
- **Jobs reported:** 10
## Lender
- **Originating:** Liberty Bank and Trust Company
- **Servicing:** Liberty Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*